The Q4 2017 EPS Estimates for Santander Consumer USA Holdings Inc. Decreased by Analyst (SC)

The Q4 2017 EPS Estimates for Santander Consumer USA Holdings Inc. Decreased by Analyst (SC)

Santander Consumer USA Holdings (NYSE:SC) last issued its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.70 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.08. Santander Consumer USA Holdings had a return on equity of 12.72% and a net margin of 10.40%. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the firm posted $0.79 earnings per share. The company’s revenue was down 5.6% on a year-over-year basis.

Santander Consumer USA Holdings Inc. (NYSE:SC) – Equities researchers at Jefferies Group decreased their Q4 2017 earnings estimates for Santander Consumer USA Holdings in a research report issued to clients and investors on Monday. Jefferies Group analyst J. Hecht now expects that the financial services provider will post earnings per share of $0.30 for the quarter, down from their previous estimate of $0.42. Jefferies Group currently has a “Buy” rating and a $18.00 target price on the stock. Jefferies Group also issued estimates for Santander Consumer USA Holdings’ Q1 2018 earnings at $0.48 EPS, Q2 2018 earnings at $0.70 EPS, Q3 2018 earnings at $0.38 EPS, Q4 2018 earnings at $0.44 EPS and FY2018 earnings at $2.00 EPS.

Several other analysts also recently issued reports on the company. UBS AG reiterated a “buy” rating and issued a $15.00 price target (down from $15.50) on shares of Santander Consumer USA Holdings in a report on Wednesday. BMO Capital Markets lowered their price target on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Monday. JMP Securities upgraded Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 price target for the company in a report on Tuesday, July 18th. BidaskClub upgraded Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Zacks Investment Research upgraded Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $14.63.

Shares of Santander Consumer USA Holdings (NYSE SC) traded down 0.039% during midday trading on Wednesday, hitting $12.885. The stock had a trading volume of 517,512 shares. Santander Consumer USA Holdings has a 12-month low of $10.57 and a 12-month high of $15.47. The stock has a market cap of $4.63 billion, a P/E ratio of 6.817 and a beta of 1.29. The stock has a 50-day moving average price of $12.73 and a 200-day moving average price of $12.98.

In related news, CFO Ismail Dawood purchased 5,000 shares of Santander Consumer USA Holdings stock in a transaction dated Tuesday, May 16th. The shares were acquired at an average price of $12.29 per share, with a total value of $61,450.00. Following the completion of the transaction, the chief financial officer now owns 117,609 shares of the company’s stock, valued at approximately $1,445,414.61. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Richard Morrin sold 9,791 shares of the stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $12.52, for a total transaction of $122,583.32. Following the transaction, the chief operating officer now directly owns 80,663 shares in the company, valued at approximately $1,009,900.76. The disclosure for this sale can be found here. Insiders have bought 15,000 shares of company stock worth $182,400 in the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Amalgamated Bank boosted its position in shares of Santander Consumer USA Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock valued at $202,000 after buying an additional 496 shares during the last quarter. Sei Investments Co. boosted its position in shares of Santander Consumer USA Holdings by 6.1% in the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock valued at $123,000 after buying an additional 555 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Santander Consumer USA Holdings by 1.4% in the first quarter. Public Employees Retirement System of Ohio now owns 55,228 shares of the financial services provider’s stock valued at $736,000 after buying an additional 738 shares during the last quarter. Zweig DiMenna Associates LLC boosted its position in shares of Santander Consumer USA Holdings by 5.2% in the first quarter. Zweig DiMenna Associates LLC now owns 32,100 shares of the financial services provider’s stock valued at $428,000 after buying an additional 1,600 shares during the last quarter. Finally, Gotham Asset Management LLC boosted its position in shares of Santander Consumer USA Holdings by 9.4% in the first quarter. Gotham Asset Management LLC now owns 18,701 shares of the financial services provider’s stock valued at $249,000 after buying an additional 1,603 shares during the last quarter. 93.13% of the stock is currently owned by institutional investors and hedge funds.

Santander Consumer USA Holdings Company Profile

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

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